Opinion

Accounting body’s plan a ticking time bomb for the profession

The leading body’s plan to educate people without a university degree will hurt the sector.

Anne Wyatt and Peter Carey

Sep 24, 2024 – 8.00am

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The plan by professional body Chartered Accountants ANZ to carry out the accounting education of school leavers who don’t go to university is a ticking time bomb for the career prospects of those taking part in the program and the technical and ethical standards of the accounting profession.

CA ANZ says it is replicating recent initiatives in the UK focused on school leavers with a proposal it says is designed to alleviate ongoing labour shortages in the profession.

Anne Wyatt is a Fellow Chartered Accountant and head of the department of accounting at Deakin University.

Peter Carey is a Fellow Chartered Accountant and director of the Deakin Integrated Reporting Research Centre at Deakin University.